Savannah morning news. [volume] (Savannah) 1868-1887, 1887-03-17
yIRGINIA'S BONDED DEBT
ne LEGISLATURE MEETS IN
lhD EXTRA SESSION.

GOV -, recommends the Appoint
he ConmIssion To Meet WIN
m'h' % ,,,aId,rs and Arbitrste the
o.-.,ovr, VA. March l6.-Pursuant
nie n. Governor's call, tne General AS
nnIp ot virginia met to-day as noon ~
sVpV', s.,or. Both Houses were prompt
e'"a ,orizss and a Joint committee was
!, n,ed to notify the Governor tAst 'He
spY,' a"Iature was ready for business. soon
l's,saI !Isaf,ar a MESSAGE from the Executive
-,s received and read. Tne Governor
e..t calls attention 10 the present coAo'-
a'o y tho state debt aud TO the very re-
w., w., a.c,s;op of the supreme Court OF the
r.,,oa IVr states iu reference 10 the law I'm"
.o.tny tax on sample merchants DE
.s,-n .y, nr,os the reception OF tie work oil
na royisers of the Code, and then recon-
moods proper provision for the main'e-
nance OF the insane, etc.
. HISTORY OF TIE LEGIsLATloN.
Tho Governor opens the debt question
by AyIng: ,. an., satt,ement
~ INo. y,ebt nnestlon Dy the Legislature mas
.asTs been accompanied with emDarrass-
ments.
No theu mentions the various measures
,dontad. including the funding Dill OF
Is-i which was thrown aside by the peo-
NO at the first opportunity afforded them
n IN 10 30; tie McCulloh bill OF 1879,
wbich 100 received at the polls the con-
emnation OF a majority of the voters, ana
|aSallv The act OF February, 1882 (the
|Rdd 'ebeTrer blli), which became law
IN the demand OF the party wnIcn as
|mmed the reins OF the government In con-
sequence Of their advocacy OF H.
A PLEDGE GIVEN.
All attempts by their political oppo-
nepts 10 make other settlements with 0ther
|meditors. carving great amount OF
|prInclpal and interest, having failed, a
|pledge was finally given by them not TO
disturb or repeal the settlement thus de-
|ereed BY q majority Of the voters ana
|pubc approva The sentiment of that
|setlemeot, as it stands tod y, has re-
|Ceyed no public disapproval either by
conventions OF political parties or 0y
legislatures; so that ii may be said that
Ethe people, without reference to party dis
functions, are of one mind in their reso-
Hutton to uphold and maintain ii in all
|ts Integrity and by all lawful means.
TIE STATES INCOME.
The Governor reviews the woful con.
|dltiOn Of Virginia, after she had beeu
|msde the bstLle ground Of contending
|hosts for four years, and then says:
.F.,IV Il
Hhe auditors 1t appears tuat the annual Teve-
Fues for some years TO come will not exceed
R.IQ0 coo, and that If the outstanding obllga-
l0ns OF the state should he funded into bonds
|ander the kudleberger bil, except those held
Ey Institutions Of learning, the interest 10 be
Elald added to The necessary annual expenses
&N0dd about absorb TINS income, TIE in
|aoiiliy Of tie ate to make ii settlement now
FTith grealer amount of principal
|2na interest th2n he Riddie5erger act, what
EtVer sle might have done once, arises from an
Increase Ia her annual expenses, such as
maintaining two additional lunatIC asylums.
|one Tor white persons and one for colored;
Flbema'ulenanCe i of 4 normal and collegiate
mntlle for our cOored people and q school
1 % inc education Of our teinaie teachers; aid
/ 10 tno 90 ledcrate home for our Door and
sa1led 'odlers, over whose shoulders rests
/ no mantle OF governmental protection; assist
|snce TO citizens OF the state who have
4 ot NJ or an eve. or have been seriously
|nsaoled by wounds; Increased exueuses of
our criminal charges siuce the abolition of
NJ Whlpplng post and Increased appropria-
uon 10 our public schools. These are some OF
le necessary obligations incurred, while in
ae same period state taxes have been re-
|alceu.
TWO WAYS OUT OF THE DILEMMA.
Inc Governor then gives a detailed es-
Innate Of the annual expenses of the
government, about which he saws:
IL 70 the gross amount gwen is added the
amodht Of interest which the Riddleuerper
pohd, carry the pre- sent revenue of the St1te
n.I VIII " 19suTOed. There are two methods
~ 1iy \. W Nilleh she eau pay greater amount
H. 'u.eigsl lhan this settlement calls for VIZ. /:
,y @;isuuc.lon OF the present expenses or by
,,l 'A' ease ol the present revenues.
luen loil0Ws an account of the failure
~ sll enorts to populariZe coupons in the
1'dle, ana the statement that in view of
Ie decisions OF The United States Sn.
.eu9 court additional legislation Is nec.
'saIE 10 enable the State TO collect reye-
I nae III money. lu this connection the
governor says;
rrtS tset ,aoa.U not, however, forget here in Vir
cN'- 20 mai though the decision of the Sunre,na
|e,gnt,,- |Tt, "nich stripped Virginia of her soyer-
|ment 10 ,Ia 7ri dhteed by the eleventh amend
|jortv nj NC constitution, was made by q ma
|thal a mo-,' SNo lu a court OF nino judges. and
|tos, .uper OF that court did nor Ga,iInte
|incln, WIN the concurrence o. lhroo othe,a
|fr,t ,t,Ins Ihe Chief Justice, thai IL was thc
|5dt,ta-tu sluce tae eleventh Amendment was
|h7 mae, =" " men q state had beeA coerced
|dv,dn,is pIoCeeulng' ~ at the instance OF In
|none Of lbos 5vHersl court. and in his opinion
Ina rssos' .uos suits could be maintained Tor
Nv reason that thew are in 80, ~ Ip'
N rsITi, aNp euect suits against the State az
|i1rrr 1'i Nv ~ has The bihding effect aud
|tr m. f,i "ecislon Unanimously concurred ~
|s inp sn,,,l ana Ny the constitution. and n
|ssfv NIX, n.e W law OF the land, aud If ncces-
With The A., ~ ~ supported by the President
Dor j, s'.oA- hand OF the Federal nower
|ersl c,.,e see now the prohihitlon Of tba Eod
|a1y Las, ',, lloh-~that no State shaU MAS
-csa m ipditlhg the obligation of cnutract
Efoyi.io, No.. "! lnEfRfiing q uullfviup,
hc broti, 'i'ou 1he constitution Of the sin ~
bard In tbn t''N is upon the State without re !.
sgencie, wbicb ".. IT, Jaws may take or the
""'en enRc. them
:, A'StssrIIurE RECostMESprp
tommHnwg ul these facts think II wise n ,a
b. fsr ,s "a, a substitute iar the extatIng i.,s
coupons bs,yo jclet het 10 leyying taxes for which
ESpressod sian.tIn "eGn rendered. The state rad
p the riS,Ti,s stea0last determination en- adfa,.a
Edm,t SIuIegerger settlement ana ,,n, ucI = q
faTat,onn net aDil y, based upon ia uoes rea, 70.
han Ga, " Sa,siy ,ay more principal and interest
Ehat bcr settiement demands auo 1850 .tess
(1ch AMOUNT TtUS' ~ revenue will be absorbed bS
geoeSssfy expe,sa. sn.eEesI added to her other
b Ia lbs aolllty Of the state wonId go, VI tne
(onnonweagItP POINT Of difference between In. he
NFord. b"eHllh and her creditnr. ~ . .he
locreasing" ber @0Gs can the state Jay witb"st %
Communication aHTs' ror H. ! repeat my former
|rate ~ whose duty il XXI be ,o Oh
cures VT6n9 wb;"s ders the exact fSnt. from
ed expJu expepJ,,i,nrase make up the states reyonnns mo-
gaat is aylibgs aya,labIss and point out not onIy
EoyerS%1nnsl tutional spprouris so t,o,p pr9vId!nS
fture., brt Schools and other pnGiic aN, Vr sne
lae remain suesmoastrate 10 them ,yb,t eSpsn- @
I1e approNnTr, siIer The regular annual ierisie
uded In tho cnnr, ana which are NOT IN
i H. ft,,. 81